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IT in Banking
2:40
Thursday

SARB grants Bank Zero forex exchange licence

SA’s newest digital-only bank, Bank Zero, is appointed as a restricted authorised dealer in forex exchange by the South African Reserve Bank.

1:50

Goods-based remittance app expands to Malawi

Malawian expats in SA can now use the Malaicha.com app to send goods and groceries to loved ones back home.

3:30
Wednesday

SA start-up wiGroup joins forces with UK payments firm Yoyo

The Cape Town-based start-up partners with the UK firm to create a global loyalty company under the Yoyo brand.

3:10

American Express offers SA cardmembers more choice

With the Membership Rewards Card, American Express will convert points to cash, putting money back in the hands of existing individual and business American Express Cardmembers.

2:20

FNB Connect sees growth in data, voice minutes usage

The MVNO records 25% growth in active customers, including 36% growth in premium subscribers who earn more than R240 000 per year.

1:40

FNB opens gateway to shares in global tech firms

First National Bank enables customers and institutional investors to buy fractional shares in Amazon, Apple, Facebook and Google parent company Alphabet.

3:00

Taking security along on the M&A journey

Both acquisitions and de-mergers present companies with an opportunity to revisit their cyber security landscape.

4:10

Bank Zero on track for 2020 launch, says CEO

South Africa’s latest digital-only bank confirms it will be open to the public before the end of the year, with financial backing from seven investors.

3:50

Standard Bank looks to blockchain tech for insurance claims

The big four bank is aggressively pursuing the digital insurance space, which has been shaken up by the emerging insurtech start-up companies.

3:10
1 Oct

Digital newcomer to enter SA’s branchless banking market

SA’s new digital-only banking platform, Bettr, has gained a community of over 6 500 users, as it prepares to launch publicly next year.

4:00

New WesBank Motor CIO prioritises digital transformation

As CIO for WesBank Motor, Gudani Mukatuni sees her pivotal role as a catalyst to drive business growth through technology and digitisation.

2:00
30 Sep

Sasfin readies digital bank launch with R1bn war chest

The funding from the Dutch Development Bank is the next step in Sasfin’s digital business banking evolution and will be launched in 2021.